The Public Service (Civil Servants and Others) Pensions Regulations 2014
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Change 1
65 Partial retirement option notice
(1) A partial retirement option may only be exercised— (a) by notice to the scheme manager in a form required by the scheme manager (“option notice”); and (b) in the 3 months after P’s pensionable earnings are reduced, on a date agreed by the member and the scheme manager. (2) An option notice must specify— (a) whether P claims payment of— (i) the whole of P’s accrued pensions; or (ii) part only of P’s accrued pensions; and (b) if P claims payment of part only– (i) the descriptions of accrued pension for which payment is claimed; and (ii) the proportion of each description of accrued pension for which payment is claimed (“option proportion”), which must comply with regulation 66.
65 Partial retirement option notice
(1) A partial retirement option may only be exercised— (a) by notice to the scheme manager in a form required by the scheme manager (“option notice”); and (b) in the 3 months after P’s pensionable earnings are reduced, on a date agreed by the member and the scheme manager. (2) An option notice must specify— (a) whether P claims payment of— (i) the whole of P’s accrued pensions; or (ii) part only of P’s accrued pensions; and (b) if P claims payment of part only– (i) the descriptions of accrued pension for which payment is claimed; and (ii) the proportion of each description of accrued pension for which payment is claimed (“option proportion”), which must comply with regulation 66.
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